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Part 1 [Introduction] - 1.ten principles of economics - 2.thinking like an economist - 3.interdependence and the gains from trade, Part 2 [Supply and Demand I: How Markets Work] - 4. the market forces of supply and demand - 5.elasticity and its application - 6. supply, demand, and government policies, Part 3 [Supply and Demand II] - 7. Consumers, Producers, and the efficiency of markets - 8. application: the cost of taxation - 9. application: international trade ...7Decks357Flashcards2Learners -
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Explain what is meant by Globalisation. Using examples, analyse the impact of globaisation on the way firms do international business, 2. Explain the main differences between globalization of markets and globalization of production. How do these create opportunities and challenges for business managers?, 3. Select two international trade theories and critically discuss their usefulness in understanding today’s international business environment. Support your answer with EG ...10Decks82Flashcards4Learners -
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